Tag: Digital Economy

AI Giants Face Antitrust Lawsuit Over Alleged Safety Coordination

A new lawsuit filed recently in the U.S. District Court for the Northern District of California alleges that Anthropic, OpenAI, SpaceX AI, and Google violated antitrust law by coordinating to slow down their respective AI development efforts. The Core Allegation The suit argues that when the industry's leading AI companies agreed to pace their progress more cautiously, they effectively reduced the value consumers get from their...

The CEO Who Wants His Own Industry to Slow Down – And What He’s Actually Afraid Of

Anthropic CEO Dario Amodei has called for deliberately slowing down, or "pacing," the speed of AI development - A warning triggered by recent incidents that have raised serious concerns about AI models acting beyond their intended limits. "We Must Slow the Pace" In an essay posted to his website, Amodei explained that his thinking has shifted over the past few months. He now believes that fully...
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Uttar Pradesh Seeks to Turn Data into a Core Growth Lever with State Data Authority

Uttar Pradesh’s 2026–27 Budget signals a deliberate shift in how the state plans to use data and digital infrastructure to drive long‑term growth. A...

Avanade Expands India with Total eBiz Acquisition

Avanade, a Microsoft-focused digital, cloud, and AI services firm, is expanding its India footprint following its acquisition of Total eBiz Solutions, establishing a significant...

Google–Telangana AI Startups Hub to Strengthen Hyderabad’s Innovation Ecosystem

Google and the Government of Telangana have launched the Google for Startups Hub at T‑Hub in Hyderabad, signalling a deepening partnership to develop India’s...

Palo Alto Networks Forecasts Rise of Autonomous AI Agents

As enterprises shift deeper into the AI economy, cybersecurity strategy is undergoing a critical inflection point. Palo Alto Networks’ 2026 Cyber Predictions report highlights that autonomous AI...

Tamil Nadu, ANSR Sign MoU to Boost GCC Expansion

The Government of Tamil Nadu has signed a major Memorandum of Understanding with ANSR to scale Global Capability Centres (GCCs) in the state. The...

Karnataka Unveils ₹967-Crore IT & Space-Tech Policies

The Karnataka cabinet has approved two major policy frameworks — the Information Technology (IT) Policy 2025–2030 and the Space Technology Policy 2025–2030 — backed...

India Tech Startup Funding Falls 23% in 2025

India’s tech startup ecosystem has seen a notable contraction in funding for the first nine months of 2025, dropping 23% year-on-year to $7.7 billion,...

Blackstone Plans $5B Data Centre Expansion in Spain

Blackstone has announced plans to invest an additional €4.3 billion (approximately $5 billion) in its ongoing hyperscale data centre project in Aragon, Spain. This...

AI Boom Sparks Record Data Centre Loans in Asia

Southeast Asia is fast emerging as a global hotspot for data centres, fuelled by surging demand from AI advancements and accelerated by diversification away...

India a Key Player in Global Tech: Nasscom

At Global Confluence 2025, Nasscom President Rajesh Nambiar underscored India's expanding role in the global tech ecosystem, emphasizing its strong talent pool, thriving startup...

India’s Semiconductor Industry to Hit $40B by 2030: IESA

India’s semiconductor industry is poised for significant expansion, with projections estimating a market size of $40 billion by 2030, according to the India Electronics...